Cash-Flowing Duplex Opportunities in Detroit – Priced Below Appraisal!
Wholesaler · Indianapolis · Member since 2026 · 59 posts · 27 votes
Cash-Flowing Duplex Opportunities in Detroit – Priced Below Appraisal!
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Member since 2026 · 230 posts · 35 votes
2moRunning an automated system that pulls distressed deals before MLS in Detroit code violations, tax liens, foreclosures, that kind of thing. If you're sourcing off-market duplexes, curious what your pipeline looks like and if there's a JV angle worth exploring.
4 Replies
- 3moDrew SygitBusiness MemberProperty Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
Quote from @Rhema Odika:
Are you looking to add solid, cash-flowing assets to your portfolio? I have three duplex opportunities available in Detroit, MI. These properties are priced to sell, with most coming in under their appraised values.
Property Details:
1. 15231 Evanston St, Detroit, MI 48224
Price: $160K (Appraised at $175K)
Status: 2 Units (Vacant), Rent ready
Income: $2,500/mo (Projected)
Taxes: $765/year
2. 12019 Woodmont Ave, Detroit, MI 48227
Price: $110K (Desktop Appraisal: $117K)
Status: 2 Units (Fully Occupied)
Income: $1,800/mo (Actual)
Taxes: $2,492/year
3. 14888 Mendota St, Detroit, MI 48238
Price: $126K (Desktop Appraisal: $132K)
Status: 2 Units (Vacant)
Income: $1,700/mo (Projected)
Taxes: $2,750/year
Whether you are looking for a turnkey rental or a value-add project, these properties provide a great entry point into the Detroit market.
Interested? Please send me a DM for more information or to schedule a viewing. Serious inquiries only.
Very confused by these.
1) 15231 Evanston is currently listed for $139.9k
https://www.zillow.com/homedetails/15231-Evanston-St-Detroit...2) 12019 Woodmont is pending, was listed at $84.9k
https://www.zillow.com/homedetails/12019-Woodmont-Ave-Detroi...3) 14888 Mendota is currently listed for $99.9k
https://www.zillow.com/homedetails/14888-Mendota-St-Detroit-...Why are your "wholesale" prices so much higher?
Logical Property Management4.9451 Reviews- Wholesaler · Indianapolis · Member since 2026 · 59 posts · 27 votes3mo
Quote from @Drew Sygit:
Quote from @Rhema Odika:
Are you looking to add solid, cash-flowing assets to your portfolio? I have three duplex opportunities available in Detroit, MI. These properties are priced to sell, with most coming in under their appraised values.
Property Details:
1. 15231 Evanston St, Detroit, MI 48224
Price: $160K (Appraised at $175K)
Status: 2 Units (Vacant), Rent ready
Income: $2,500/mo (Projected)
Taxes: $765/year
2. 12019 Woodmont Ave, Detroit, MI 48227
Price: $110K (Desktop Appraisal: $117K)
Status: 2 Units (Fully Occupied)
Income: $1,800/mo (Actual)
Taxes: $2,492/year
3. 14888 Mendota St, Detroit, MI 48238
Price: $126K (Desktop Appraisal: $132K)
Status: 2 Units (Vacant)
Income: $1,700/mo (Projected)
Taxes: $2,750/year
Whether you are looking for a turnkey rental or a value-add project, these properties provide a great entry point into the Detroit market.
Interested? Please send me a DM for more information or to schedule a viewing. Serious inquiries only.
Very confused by these.
1) 15231 Evanston is currently listed for $139.9k
https://www.zillow.com/homedetails/15231-Evanston-St-Detroit...2) 12019 Woodmont is pending, was listed at $84.9k
https://www.zillow.com/homedetails/12019-Woodmont-Ave-Detroi...3) 14888 Mendota is currently listed for $99.9k
https://www.zillow.com/homedetails/14888-Mendota-St-Detroit-...Why are your "wholesale" prices so much higher?
Hi Drew, I appreciate you bringing this to my attention. Public listing data can fluctuate, and my pricing is based on a different set of acquisition metrics and off-market terms.
- 3moDrew SygitBusiness MemberProperty Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
Quote from @Rhema Odika:
Quote from @Drew Sygit:
Quote from @Rhema Odika:
Are you looking to add solid, cash-flowing assets to your portfolio? I have three duplex opportunities available in Detroit, MI. These properties are priced to sell, with most coming in under their appraised values.
Property Details:
1. 15231 Evanston St, Detroit, MI 48224
Price: $160K (Appraised at $175K)
Status: 2 Units (Vacant), Rent ready
Income: $2,500/mo (Projected)
Taxes: $765/year
2. 12019 Woodmont Ave, Detroit, MI 48227
Price: $110K (Desktop Appraisal: $117K)
Status: 2 Units (Fully Occupied)
Income: $1,800/mo (Actual)
Taxes: $2,492/year
3. 14888 Mendota St, Detroit, MI 48238
Price: $126K (Desktop Appraisal: $132K)
Status: 2 Units (Vacant)
Income: $1,700/mo (Projected)
Taxes: $2,750/year
Whether you are looking for a turnkey rental or a value-add project, these properties provide a great entry point into the Detroit market.
Interested? Please send me a DM for more information or to schedule a viewing. Serious inquiries only.
Very confused by these.
1) 15231 Evanston is currently listed for $139.9k
https://www.zillow.com/homedetails/15231-Evanston-St-Detroit...2) 12019 Woodmont is pending, was listed at $84.9k
https://www.zillow.com/homedetails/12019-Woodmont-Ave-Detroi...3) 14888 Mendota is currently listed for $99.9k
https://www.zillow.com/homedetails/14888-Mendota-St-Detroit-...Why are your "wholesale" prices so much higher?
Hi Drew, I appreciate you bringing this to my attention. Public listing data can fluctuate, and my pricing is based on a different set of acquisition metrics and off-market terms.
How do you have these under contract/control if their listed by an agent?
Why would a buyer purchase from you at a higher price rather than buying at the MLS price?
Logical Property Management4.9451 Reviews
- Member since 2026 · 230 posts · 35 votes2moRunning an automated system that pulls distressed deals before MLS in Detroit code violations, tax liens, foreclosures, that kind of thing. If you're sourcing off-market duplexes, curious what your pipeline looks like and if there's a JV angle worth exploring.
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